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We examine the issue of technical assistance versus brain drain repatriation as alternative strategies for transferring scarce skills to a skill-poor economy. Technical assistance relies mainly on expatriate skills and labor from the host country, while brain drain repatriation seeks to effect a...
Persistent link: https://www.econbiz.de/10014400864
This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...
Persistent link: https://www.econbiz.de/10014395877
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208
This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital acquisition. We use the standard system GMM approach as well as...
Persistent link: https://www.econbiz.de/10014396933
There is broad agreement on the appropriateness of the budget deficit target. The government aims to strengthen expenditure control and efficiency, at the national and at subnational levels, to achieve a reduction in the tax burden while cutting the fiscal deficit. The IMF staff suggested...
Persistent link: https://www.econbiz.de/10014402957
Persistent link: https://www.econbiz.de/10014404409
the regions may increase the efficiency and the productivity of the health care system. The information on Italy's economy …
Persistent link: https://www.econbiz.de/10014404487
This Selected Issues paper for Italy presents updated estimates of potential growth for Italy, using new techniques … but also for macrofinancial developments. The paper reviews developments in fiscal federalism in Italy and draws on cross …
Persistent link: https://www.econbiz.de/10014404845
This 2005 Article IV Consultation highlights that despite the better cyclical outlook, medium-term trends for Italy …
Persistent link: https://www.econbiz.de/10014404946
This paper discusses a Detailed Assessment of the Observance of the Insurance Core Principles for Italy. The assessment … reveals that insurance supervision in Italy occurs within a legal framework that incorporates the relevant European Union … authorities in Italy are actively pursuing a number of legislative and supervisory initiatives that hold the potential to …
Persistent link: https://www.econbiz.de/10014405021